A study of factors that motivate an entrepreneur to start-up a small business in the local context
The objective of this project is to examine the motivational factors in starting a small business. Case studies and questionnaires are used in the research study. Four main hypotheses of entrepreneurship are developed from the literature review, and they are tested by conducting a questionnaire surv...
Main Authors: | , , |
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Other Authors: | |
Format: | Final Year Project (FYP) |
Language: | English |
Published: |
2014
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Subjects: | |
Online Access: | http://hdl.handle.net/10356/55458 |
_version_ | 1826110433926316032 |
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author | Choy, Oi Leng Ow, Khai Hoong Yung, Weng Kin |
author2 | Nanyang Business School |
author_facet | Nanyang Business School Choy, Oi Leng Ow, Khai Hoong Yung, Weng Kin |
author_sort | Choy, Oi Leng |
collection | NTU |
description | The objective of this project is to examine the motivational factors in starting a small business. Case studies and questionnaires are used in the research study. Four main hypotheses of entrepreneurship are developed from the literature review, and they are tested by conducting a questionnaire survey and four cast studies. The following conclusions are obtained:
(1)a potential entrepreneur, in starting up a business, is mostly influenced by friends and business associates rather than by family;
(2) a good indication that educational status motivates a potential entrepreneur to start-up a business;
(3) generally, there are signs that the local culture does encourage entrepreneurship;
(4) there is no conclusive evidence to prove that different entrepreneurial characteristics are found in entrepreneurs who own different types of enterprises. However, they possess some common personality traits. |
first_indexed | 2024-10-01T02:34:21Z |
format | Final Year Project (FYP) |
id | ntu-10356/55458 |
institution | Nanyang Technological University |
language | English |
last_indexed | 2024-10-01T02:34:21Z |
publishDate | 2014 |
record_format | dspace |
spelling | ntu-10356/554582023-05-19T07:23:12Z A study of factors that motivate an entrepreneur to start-up a small business in the local context Choy, Oi Leng Ow, Khai Hoong Yung, Weng Kin Nanyang Business School Malcolm MacDonald DRNTU::Business::Accounting The objective of this project is to examine the motivational factors in starting a small business. Case studies and questionnaires are used in the research study. Four main hypotheses of entrepreneurship are developed from the literature review, and they are tested by conducting a questionnaire survey and four cast studies. The following conclusions are obtained: (1)a potential entrepreneur, in starting up a business, is mostly influenced by friends and business associates rather than by family; (2) a good indication that educational status motivates a potential entrepreneur to start-up a business; (3) generally, there are signs that the local culture does encourage entrepreneurship; (4) there is no conclusive evidence to prove that different entrepreneurial characteristics are found in entrepreneurs who own different types of enterprises. However, they possess some common personality traits. ACCOUNTANCY 2014-03-11T01:31:31Z 2014-03-11T01:31:31Z 1994 1994 Final Year Project (FYP) http://hdl.handle.net/10356/55458 en Nanyang Technological University 119 p. application/pdf |
spellingShingle | DRNTU::Business::Accounting Choy, Oi Leng Ow, Khai Hoong Yung, Weng Kin A study of factors that motivate an entrepreneur to start-up a small business in the local context |
title | A study of factors that motivate an entrepreneur to start-up a small business in the local context |
title_full | A study of factors that motivate an entrepreneur to start-up a small business in the local context |
title_fullStr | A study of factors that motivate an entrepreneur to start-up a small business in the local context |
title_full_unstemmed | A study of factors that motivate an entrepreneur to start-up a small business in the local context |
title_short | A study of factors that motivate an entrepreneur to start-up a small business in the local context |
title_sort | study of factors that motivate an entrepreneur to start up a small business in the local context |
topic | DRNTU::Business::Accounting |
url | http://hdl.handle.net/10356/55458 |
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